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Majid Al Futtaim to invest USD 3.4 bn in Egypt over five years, marking its first move into housing and hotels
The Emirati group enters residential and hotel development for the first time in Egypt, anchoring Mada City and expanding West…
The mechanics of retail with Baraka’s Ahmed Ragab
After almost 50 years of competition, why would two companies choose to merge? Is it as simple as the big…
Playlist
Egypt’s North Coast has become a luxury retail battleground — is it actually worth it for the brands?
Wherever the wealthy concentrate seasonally rather than permanently, retail runs the same experiment — high-end luxury retail at seasonal destinations
Gourmet plans three new stores as grocer targets EGP 9 bn in sales by 2030
The expansion plans come as the EGX-listed grocer reported a 47% y-o-y jump in its first-quarter net income
Has Swatch once again proven to be the smartest player in the watchmaking industry?
The global, simultaneous launch at small retail locations unequipped for massive crowds was entirely calculated — and it wasn’t Swatch’s…
ElTawkeel launches fully integrated digital auto sales platform
Plus: Modon Holding is partnering with the ultra-luxury hospitality brand Montage to launch Montage Ras El Hekma
Magrabi Retail acquires 51% stake in Egyptian retailer Baraka Optics Group
The transaction will bring together two of the country’s biggest eyewear family businesses under a single corporate umbrella, with roughly…
Swatch’s AP collab causes store shutdowns while WHO declares Ebola a public health emergency
Good afternoon, friends, and welcome to the start of a brand new workweek. We hope you enjoyed your weekend. It’s…
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